0001171843-15-002085.txt : 20150421 0001171843-15-002085.hdr.sgml : 20150421 20150421191806 ACCESSION NUMBER: 0001171843-15-002085 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150421 FILED AS OF DATE: 20150421 DATE AS OF CHANGE: 20150421 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AKORN INC CENTRAL INDEX KEY: 0000003116 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 720717400 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1925 W. FIELD COURT, SUITE 300 CITY: LAKE FOREST STATE: IL ZIP: 60045 BUSINESS PHONE: 847-279-6100 MAIL ADDRESS: STREET 1: 1925 W. FIELD COURT, SUITE 300 CITY: LAKE FOREST STATE: IL ZIP: 60045 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Silverberg Mark M CENTRAL INDEX KEY: 0001365174 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32360 FILM NUMBER: 15784102 MAIL ADDRESS: STREET 1: 2500 MILLBROOK DRIVE CITY: BUFFALO GROVE STATE: IL ZIP: 60089 4 1 gff4_silverberg042115.xml OWNERSHIP DOCUMENT X0306 4 2015-04-21 1 0000003116 AKORN INC AKRX 0001365174 Silverberg Mark M 1925 WEST FIELD COURT SUITE 300 LAKE FOREST IL 60045 0 1 0 0 Exec VP, Ops Global QA&TechSrv Common Stock 2015-04-21 4 M 0 60000 2.61 A 285522 D Common Stock 2015-04-21 4 S 0 29000 55.00 D 256522 D Stock Options (Right to Buy) 2.61 2015-04-21 4 M 0 60000 0.00 D 2015-05-21 Common Stock 60000 0 D This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2015. Upon execution of the transaction disclosed on this Form 4, all securities subject to the 10b5-1 trading plan have been transacted and the plan has expired pursuant to its terms. Proceeds from the sale were used to pay exercise price and taxes due upon exercise of options. Amount of Shares Beneficially Owned Following Reported Transaction includes 22,535 unvested shares subject to restricted stock awards and 233,987 shares owned outright. The option vested in three annual installments with 20,000 options vesting on May 21, 2011, May 21, 2012 and May 21, 2013. There was no consideration given in exchange for the security. /s/ Mark M Silverberg 2015-04-21